270
270
Oct 5, 2012
10/12
by
CNBC
tv
eye 270
favorite 0
quote 1
they've got to. >> low taxes, deregulation. >> where was the tax reform? let's stop right there. where was reince priebus, where's his tax reform? mitt was brilliant on lower tax rates, broadening the base. lower tax rates gives you incentives. to me that was a huge winner in the debate but i didn't hear that tonight. >> i think you also need to focus on small businesses. small businesses we know are going to be affected very badly by obama care and the obama care taxes. mitt romney made a point of talking about how small businesses file as individuals sometimes under the individual rate. so i think that reince, it would be in his best interest to really talk to these small business owners throughout the country. >> keith boykin, let's go to joe bid biden. a trillion dollar tax hike, he sounds like a good i de. 1.1 trillion deficit today. that all sounds like trickle down government, keith. big tax hikes and big deficits. >> joe biden was talking about letting the bush tax cuts expire for the wealthiest americans. and if you're serious about cutting the deficit, larry, you got to
they've got to. >> low taxes, deregulation. >> where was the tax reform? let's stop right there. where was reince priebus, where's his tax reform? mitt was brilliant on lower tax rates, broadening the base. lower tax rates gives you incentives. to me that was a huge winner in the debate but i didn't hear that tonight. >> i think you also need to focus on small businesses. small businesses we know are going to be affected very badly by obama care and the obama care taxes. mitt...
601
601
Oct 4, 2012
10/12
by
CNBC
tv
eye 601
favorite 0
quote 0
federal income tax, state taels tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent business has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions. lower deductions and exemptions to create more jobs. because there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the mos effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion just to give you a sense over ten years that's more than our entire defense budget. and you think that by closing loopholes and deductions for the well to do somehow you will not end up picking up the ta
federal income tax, state taels tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent business has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions. lower deductions and exemptions to create more jobs. because there's nothing better for getting us to a balanced...
218
218
Oct 3, 2012
10/12
by
CNBC
tv
eye 218
favorite 0
quote 0
is this a buy and do you think the mlp distributions will be taxed if the tax credits expire in 2013? >> i'm going to take them backwards. i think the tax credit is going to be fine. enterprise partners is terrific. and i'm torn playing hernandez. let's go to vince in california. vince? >> caller: boo-yah, cramer. >> boo-yah. >> caller: talk to me about uhn? >> i have to tell you, i believe in this company. i think it's one of the best. i also want to reiterate that i think that the health care reits represent the best value right now in the real estate investment trust group. may i just mention one second, hcn, i think that stock is still cheap at $59. i want to go to jack in pennsylvania. jack? >> caller: good afternoon, jim. this is jack from bucks county, pennsylvania, calling. i'm interested in wprt, westport innovations. i bought it maybe six months ago and have seen it go from approximately $18 to $50, back down to the high 20s or so. >> speculative situation. recommended today by a major firm. this is a company that makes natural gas engines for trucks and railroads. i believe
is this a buy and do you think the mlp distributions will be taxed if the tax credits expire in 2013? >> i'm going to take them backwards. i think the tax credit is going to be fine. enterprise partners is terrific. and i'm torn playing hernandez. let's go to vince in california. vince? >> caller: boo-yah, cramer. >> boo-yah. >> caller: talk to me about uhn? >> i have to tell you, i believe in this company. i think it's one of the best. i also want to reiterate...
183
183
Oct 2, 2012
10/12
by
CNBC
tv
eye 183
favorite 0
quote 0
corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to see. they are on the record and he will implement for the purpose of creating boe ining growth. it is because you are running to help everybody. everybody that needs to get a job and people are suffering out there. >> what besides taxes. >> what besides taxes? >> give me something else? >> the most important thing is to get the private sector something else. people are on the sls out there. you know what, people have an uncertainty and i don't think we can afford another four years of interrupted jobs. >> president, i'm going to give you the last word. j
corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to...
259
259
Oct 3, 2012
10/12
by
CNBC
tv
eye 259
favorite 0
quote 0
tax cuts. does he have to get specific? >> i think lara will ask that. >> he's got to do well. he's got to show well in this. i don't think ratcheting up expectation is good. i think what you want to do if you're getting ready for the debate is ratchet down expectation. i think he'll do fine. he needs to have a knockout. it doesn't need to be a decision. it needs to be a ko. >> how much of this debate is going to be about the economy and jobs and taxes tonight as opposed to education, health care, social issues, what have you? >> well, all those things matter, certainly when it comes to education, that's the future. i mean, the future generations will be -- will fail, rise, or fall based on education, so that's a very important building block for the country going forward. >> is that a building block for romney's campaign? >> it is. it's something he's talked about. he has an idea for americans and education that's very different from what president obama has been able to do. president obama wo
tax cuts. does he have to get specific? >> i think lara will ask that. >> he's got to do well. he's got to show well in this. i don't think ratcheting up expectation is good. i think what you want to do if you're getting ready for the debate is ratchet down expectation. i think he'll do fine. he needs to have a knockout. it doesn't need to be a decision. it needs to be a ko. >> how much of this debate is going to be about the economy and jobs and taxes tonight as opposed to...
249
249
Oct 1, 2012
10/12
by
CNBC
tv
eye 249
favorite 0
quote 0
give $14.85 sans tax considerations but we haven't talked about the core business yet. right now it's trading at $15.82. in other words, when you consider the stake in yahoo! japan and the remaining stake in ali baba which is worth a bundle and the cash which is well, cash, then the market is valuing the core business, yahoo! search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo! believes it's worth $7.17 which means it it was to trade at $22. that's a remarkable, remarkable move you need to catch. it could be worth even more frankly. if you believe as i do that she has what it takes to turn this business around. again, i need to see mobile and i need to see social because that's where all the winners in tech have. bottom line when yahoo! was a headless company with no strategy for monetizing its assets it made sense for the stock to trade down here. now it has leadership and a turn around plan that we'll hear more about and the company is unlocking the hidden value like with ali baba. that means the stock goes higher. i say cong
give $14.85 sans tax considerations but we haven't talked about the core business yet. right now it's trading at $15.82. in other words, when you consider the stake in yahoo! japan and the remaining stake in ali baba which is worth a bundle and the cash which is well, cash, then the market is valuing the core business, yahoo! search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo! believes it's worth $7.17 which means it it was to trade at $22. that's a...
273
273
Oct 2, 2012
10/12
by
CNBC
tv
eye 273
favorite 0
quote 0
our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking to plan a even these in some circles particularly in labor circles it's not proven to be particularly popular. and i think they'll try to play up his working class credentials because the leading conservative party very much has this posh boy image. lots of educated members of the cabinet. it's pretty hard for the average working class britt to at that time message from someone they perceive to be wealthy independently. >> not that they're putting necessarily any -- the thing is, you're 2, 2 1/2 years on out from an election, so in need for any policies. >> no, for quite some time. and the conservativ
our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking...
172
172
Oct 5, 2012
10/12
by
CNBC
tv
eye 172
favorite 0
quote 0
the negatives are, whether it's the fiscal cliff, tax rate uncertainty that can be fixed easily. we do have an election coming up. but i think the unpinnings of our economy can do a lot more like canada without a whole lot of effort whether energy or retail in the end this number may be very strange but i still think canada gives me a bit of hope. back to you. >> the canadian number is one to watch. we'll see you in a few moments. we should mention the president is being introduced in fairfax, virginia. when he comes to the podium we'll take that live. in the meantime a quick break. we'll talk to the congresswoman trying to save you money on your insurance bill. congresswoman judy biggert will talk how americans are funding big bank bailouts after a quick break. [ male announcer ] at scottrade, weat over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm w
the negatives are, whether it's the fiscal cliff, tax rate uncertainty that can be fixed easily. we do have an election coming up. but i think the unpinnings of our economy can do a lot more like canada without a whole lot of effort whether energy or retail in the end this number may be very strange but i still think canada gives me a bit of hope. back to you. >> the canadian number is one to watch. we'll see you in a few moments. we should mention the president is being introduced in...
82
82
tv
eye 82
favorite 0
quote 0
if you look at the chart, you can see that the most income from our taxes come from individual taxes. the third bar is corporate taxes and you can see the 7.9%. now, we have about $200 billion from corporate taxes. that is how much our government received from corporations. that was for prfits in the year 2011. $2 trillion. if you can figure it out, that's a 10% tax rate. in other words, there are so many deducons and special deals for the high rollers, the big people. even at 35%, we don't get a good deal. neil: mitt romney got in trouble when he tried to clarify just that view. but i'm not going to lower taxes as much as you think, i'm going to get rid of a lot of deductions and he left himself open to critics who said wait a minute, you were tax cuts are worth the paper they are printed on. but the goal is to get to a simpler tax code that when you takout some of the extraneous write-offs and allowances, credits, etc., and that he will get it something that makes it a black-and-white case,. >> and there is a question which is why don't politicians wanted. you would assume that they
if you look at the chart, you can see that the most income from our taxes come from individual taxes. the third bar is corporate taxes and you can see the 7.9%. now, we have about $200 billion from corporate taxes. that is how much our government received from corporations. that was for prfits in the year 2011. $2 trillion. if you can figure it out, that's a 10% tax rate. in other words, there are so many deducons and special deals for the high rollers, the big people. even at 35%, we don't get...
227
227
Oct 3, 2012
10/12
by
CNBC
tv
eye 227
favorite 0
quote 0
this is a choice between tax cuts and tax hikes. you need to make that case. now i want to hear from our panelists in the kudlow caucus. former clinton white house aide, keith boykin. rick lazio, former republican congressman from new york. rick lazio, i begin with you, good evening to you. >> hello, larry. >> this is a gigantic audience, the key issue of our time is still the economy and jobs. so far mitt romney has not been able to make the sale. that's what the polls show. that's why this thing is close. why hasn't he and what's he going to do tonight differently than he's done in the past. >> i think he's going to make the contrast with president obama, why expanding the pie is in the national interest. not redistributing an ever slowing economy but expanding the pie so everybody gets a job that wants a job, people's salaries are rising. i think he needs to lay out the picture, paint the picture for the audience, frankly, larry, of what america would look like after four years of pro-growth policies. more kid graduating and getting jobs that they were trai
this is a choice between tax cuts and tax hikes. you need to make that case. now i want to hear from our panelists in the kudlow caucus. former clinton white house aide, keith boykin. rick lazio, former republican congressman from new york. rick lazio, i begin with you, good evening to you. >> hello, larry. >> this is a gigantic audience, the key issue of our time is still the economy and jobs. so far mitt romney has not been able to make the sale. that's what the polls show. that's...
272
272
Oct 8, 2012
10/12
by
CNBC
tv
eye 272
favorite 0
quote 0
, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the best way, not with a couple of, you know, stock tips in congress. i like it ben they do the earmarks, where they buy something and then maybe check the former speaker, too. anyway, right? kimberly, thank you. appreciate it. >> thank you very much for having me. >> all right, see you. >>> oh, it's me. coming up, this morning's top stories set to foreboding music. the rails for the white house, both hitting the campaign trail. former governors face off in the issues and former hp boss carly fiorina, why she calls the board a serial dysfunction, and no
, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the...
198
198
Oct 2, 2012
10/12
by
CNBC
tv
eye 198
favorite 0
quote 0
netting $4.2 billion in cash after taxes and fees. and even better, yahoo! will return about 85% of the cash to you, shareholders. we're either looking at a huge dividend or a gigantic buy back. it would shrink the cap by 19%. that's what makes the stock go higher, not the buy back stock, come out flat. now remember after this transaction yahoo! still owns 20% of ali baba. yahoo! can sell half of the stake at the time when ali baba comes public whenever that might be. how much is it worth? goldman values yahoo!'s remaining ali baba position at $5.8 billion or $4.93 a share. i think that could be a low ball figure given ali baba's legitimate internet growth story. even though they pulled back from the highs it still made people a fortune since it came public in 2005. second, there's yahoo! japan which is a separate company publicly traded on the japanese market. yahoo! owns 35% of this monster and the stake is worth $4.77 billion. that's another $4.03 a share. then we've got the cash itself. by the end of the year goldman expects yahoo! will have $5.84 of cas
netting $4.2 billion in cash after taxes and fees. and even better, yahoo! will return about 85% of the cash to you, shareholders. we're either looking at a huge dividend or a gigantic buy back. it would shrink the cap by 19%. that's what makes the stock go higher, not the buy back stock, come out flat. now remember after this transaction yahoo! still owns 20% of ali baba. yahoo! can sell half of the stake at the time when ali baba comes public whenever that might be. how much is it worth?...
152
152
Oct 5, 2012
10/12
by
CNBC
tv
eye 152
favorite 0
quote 0
. >> why wouldn't we eliminate tax breaks for corporate jets? my attitude is if you got a corporate jet, can you probably afford to pay full freight, not get a special break for it. >> now watch romney on defense. >> finally, military. the president's re-elected, you'll see dramatic cuts to our military. the secretary of defense said these would be even devastating. i will not cut our commitment to our military. >> if you're like me, you realize the general dynamics is at the fulcrum of both of these issues. if president obama is going back to that 2009 rhetoric, orders for gulf stream jets could be hammered. when you think of big defense programs that could be boosted by a romney presidency, go no further than general dynamics. you can see a real hit to earnings if the budget cuts become a reality. romney is unintentionally green lighting lockheed martin and grumman. now about half way into the debate romney gave us a fabulous short idea with this clip. >> you put $90 billion, like 50 years worth of breaks into solar and wind to solyndra and te
. >> why wouldn't we eliminate tax breaks for corporate jets? my attitude is if you got a corporate jet, can you probably afford to pay full freight, not get a special break for it. >> now watch romney on defense. >> finally, military. the president's re-elected, you'll see dramatic cuts to our military. the secretary of defense said these would be even devastating. i will not cut our commitment to our military. >> if you're like me, you realize the general dynamics is...
164
164
Oct 5, 2012
10/12
by
CNBC
tv
eye 164
favorite 0
quote 0
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a stone. i don't want skechers or deckers. > >>>. >> ken in california, what's up? >> caller: thank you for your help and guidance. love your show. jim, a vnbbott labs, is it overbought at this point? >> we were discussing this, i say you can't buy it here, steph. have to let it pull back. let it pull back to the mid 60s, but it is going to split. a great situation, but you're paying up too much right here. fred in new york. fred. >> caller: fred in new york, booyah. cypress semiconductor? >> oh, fred. we can say the same thing about intel. intel yields 4%. i see no reason to own cypress. i want to see the quarter. not a
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a...
245
245
Oct 4, 2012
10/12
by
CNBC
tv
eye 245
favorite 0
quote 0
among the topics that generated the most heat, taxes. >> i don't have a $5 trillion tax cut. i don't have a tax cut of the scale that you're talking about. my view is that we ought to provide tax relief to people in the middle class. but i'm not going to reduce the share of taxes paid by high income people. high income people are doing just fine in this economy. they'll do fine whether you're president or i am. the people having the hard time are middle income americans. under the president's policy, middle income americans have been buried. they're being crushed. >> for 18 months he's been running on this tax plan. and now five weeks before the election he's saying that his big bold idea is never mind. and the fact is that if you are lowering the rates the way you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the definite it or burdeneni ing the middle class. it's hamath. >> another hot topic, the deficit. >> it's now four years later, we still have trillion dollar
among the topics that generated the most heat, taxes. >> i don't have a $5 trillion tax cut. i don't have a tax cut of the scale that you're talking about. my view is that we ought to provide tax relief to people in the middle class. but i'm not going to reduce the share of taxes paid by high income people. high income people are doing just fine in this economy. they'll do fine whether you're president or i am. the people having the hard time are middle income americans. under the...
200
200
Oct 1, 2012
10/12
by
CNBC
tv
eye 200
favorite 0
quote 0
lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agree with that. he sat on the set with us. >> they provided zero -- >> in this caught my attention so i decided to -- >> zero details. but more importantly, later in the tape, which we didn't get a chance to show, he says we're going to be able to keep charitable deductions, keep the mortgage deduction, keep the deduction on health care. and there is no way in a million years no matter who scores this including marty feldstein and others that would possibly suggest that this could be revenue neutral. >> it does if you broaden the base to 100,000. >> but that's not what he talked about on the show. and he refuses to say exactl
lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agree with that. he sat on the set with us....
57
57
Sep 30, 2012
09/12
by
FBC
tv
eye 57
favorite 0
quote 0
lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing the foundation. lori: at the end of the day you need economic growth to be supportive of tax rates, and we are just come as you said, flat line at 1%. a revision, a downward revision. you know, hell are we going to get the overall growth rate higher? do we have to wait? obviously the election is so near, but are we just putting too much hope on to washington right now and not enough on good old fashion innovation and ingenuity? >> ingenuity and in this is great, but if government policies have thir foot on the throats of the innovators and those who have the ability to create jobs it will take them somewhere el
lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing...
151
151
Oct 4, 2012
10/12
by
FOXNEWS
tv
eye 151
favorite 0
quote 0
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on middle-income families. you cite a study. six other studies look at the study you describe and say it's wrong. i saw a study that said today you are going to raise taxes $3- to $4,000 on middle-income families. throw the studies out there. the bottom line is, i want to bring the rates down, at the same time, lower deductions and exemptions and credits and so forth so we keep getting the revenue we need. you thinks, why lower the rates? and the reason is because small business pays that individualerate. 54% of
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on...
150
150
Sep 30, 2012
09/12
by
CNBC
tv
eye 150
favorite 0
quote 0
you know, the one tax that's got to come down next year is the uncertainty tax, the uncertainty about washington policy will be reduced over the next six months and be a positive for the u.s. economy. >> it's true, because companies have been in lockdown mode. they don't want to make decision with this uncertainty out there. >> it's so infuriating watching -- >> it is. >> -- washington not understand the incredible drag they put on the u.s. economy by simply not making a decision on these basic -- you know, american business is very good at making money if you tell them the rules of the game but it's like playing -- you're playing the first half of the game but don't know what the rules are going to be the second half. what does everybody do? wait and see. that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. govern
you know, the one tax that's got to come down next year is the uncertainty tax, the uncertainty about washington policy will be reduced over the next six months and be a positive for the u.s. economy. >> it's true, because companies have been in lockdown mode. they don't want to make decision with this uncertainty out there. >> it's so infuriating watching -- >> it is. >> -- washington not understand the incredible drag they put on the u.s. economy by simply not making a...
307
307
Oct 4, 2012
10/12
by
CNBC
tv
eye 307
favorite 0
quote 0
he's just not honest on either the tax side or the revenue side. but, look. i used to work at boston consulting group, too. mitt is a great presenter, and he made a good presentation last night. >> and i assume you have thoughts on -- and i don't want to get too much into the style because that is all anyone's talking about today. but you must have some explanation for why the president appeared the way he did and why he chose to leave out some bullet points that he could have pulled out of his pocket. >> sure, look. i think the president focused on the facts and focused on his accomplishments and his plans for the future. and he was very factual in what he did. and as many people have said, when you're the attacker and you don't have a program of your own or a set of accomplishments of your own, it makes it a lot easier, and that's what mitt romney focused on. you know, i'm not the president's speech strategist, but i am a guy who focuses on facts. and i think fundamentally when you clear away what happened last night, the facts haven't changed, which is tha
he's just not honest on either the tax side or the revenue side. but, look. i used to work at boston consulting group, too. mitt is a great presenter, and he made a good presentation last night. >> and i assume you have thoughts on -- and i don't want to get too much into the style because that is all anyone's talking about today. but you must have some explanation for why the president appeared the way he did and why he chose to leave out some bullet points that he could have pulled out...
302
302
Oct 1, 2012
10/12
by
CNBC
tv
eye 302
favorite 0
quote 0
and then after tax returns being low. what he basically says, he computes the percentage change of stock prices that you can expect in stocks with the dividend yields and the bottom line he says i may be overly pessimistic t scares me. i am planning for the eventual change january 1, 2013, and as a result i continue to prune his portfolio he says and shifting money away from the large dividend paying stocks and to the non-dividend paying stocks total return. the point is very simple. everybody is one direction on this. chasing yield in the high dividend paying stocks, today it doesn't matter what the tax changes will be. you hear it all the time on cnbc. i was reading this. this makes a point that, yes, there are a lot of non-tax paying investors who buy these dividend paying stocks and there is a lot of actual investors doing it as well. be aware that this will have an impact and i do think it will start to factor in the fourth quarter here even though the central banks are dominating today. >> i was going to say a lot o
and then after tax returns being low. what he basically says, he computes the percentage change of stock prices that you can expect in stocks with the dividend yields and the bottom line he says i may be overly pessimistic t scares me. i am planning for the eventual change january 1, 2013, and as a result i continue to prune his portfolio he says and shifting money away from the large dividend paying stocks and to the non-dividend paying stocks total return. the point is very simple. everybody...
234
234
Oct 8, 2012
10/12
by
CNBC
tv
eye 234
favorite 0
quote 0
part of this is an exponentially higher tax rate. but former governor ed rendell justifies all of it. >> we love to gamble, we love to bet. ed rendell can't stop it. barack obama can't stop it. mitt romney can't stop it. so if we can't stop it, let's make the best of it, make sure it's regulated well, make sure it's taxed robustly and make sure those dollars go to a good purpose. >> reporter: initially that 55% tax rate in pennsylvania was to go to give property tax relief for senior citizens, great political move for rendell. here in ohio, a chunk will go to the host city, columbus, ohio. a chunk goes to the state and there are slices that go to every county in ohio. it's obviously going to mean millions in taxes for the state of ohio. another one opens in cincinnati, carl, next spring. back to you. >> judging from the fact that it's probably 9:30 there in the morning -- i don't know if you're east coast. but behind you, brian, people are already lining up. you can see revenue being generated right there. >> reporter: they expect --
part of this is an exponentially higher tax rate. but former governor ed rendell justifies all of it. >> we love to gamble, we love to bet. ed rendell can't stop it. barack obama can't stop it. mitt romney can't stop it. so if we can't stop it, let's make the best of it, make sure it's regulated well, make sure it's taxed robustly and make sure those dollars go to a good purpose. >> reporter: initially that 55% tax rate in pennsylvania was to go to give property tax relief for...
163
163
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 163
favorite 0
quote 0
be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas about needing more
be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big,...
140
140
Oct 7, 2012
10/12
by
FOXNEWS
tv
eye 140
favorite 0
quote 0
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on middle-income families. you cite a study. six other studies look at the study you describe and say it's wrong. i saw a study that said today you are going to raise taxes $3- to $4,000 on middle-income families. throw the studies out there. the bottom line is, i want to bring the rates down, at the same time, lower deductions and exemptions and credits and so forth so we keep getting the revenue we need. you thinks, why lower the rates? and the reason is because small business pays that individualerate. 54% of
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on...
134
134
Oct 4, 2012
10/12
by
FOXNEWS
tv
eye 134
favorite 0
quote 0
third, taxes 18 and fourth,
third, taxes 18 and fourth,
288
288
Oct 1, 2012
10/12
by
CNBC
tv
eye 288
favorite 0
quote 0
the income on payroll taxes stops at $110,000. >> it's a flat tax. >> it's actually a regressive tax. if you earn $500,000, you're not paying any payroll tax. it's ridiculous. >> assessing something you can't hardly assess, but this is when they all come back after the election, what in the hell is going to happen? how do you read it right now? what are the leaders saying? >> it all comes down to the presidential election, every party is waiting to see what happens and no one really knows, it's going to take real leadership. if anything's going to get done, it's going to be mitch mcconnell. >> this president's going to go over the fiscal cliff. >> what's going on? big tax cuts? big tax -- >> coming up next, my pal steve meister. are you expecting just as an ordinary person who writes the occasional column and follows the politics, do you think we're going have a big smacking huge tax hike after the election, do you think the so-called tax cliff we're all going to fall into it? >> we're at this fiscal cliff, obama is going to engage in this class warfare his entire four years and he ha
the income on payroll taxes stops at $110,000. >> it's a flat tax. >> it's actually a regressive tax. if you earn $500,000, you're not paying any payroll tax. it's ridiculous. >> assessing something you can't hardly assess, but this is when they all come back after the election, what in the hell is going to happen? how do you read it right now? what are the leaders saying? >> it all comes down to the presidential election, every party is waiting to see what happens and...
242
242
Oct 8, 2012
10/12
by
CNBC
tv
eye 242
favorite 0
quote 0
welfare system to make sure this country continues to live within its means and at the same time has a tax system that attracts international businesses to britain p. and one of the encouraging stories is 20 of the largest companies are moving some of their head quarters to the uk. >> but low yields aren't giving us growth. >> all western countries are facing the issue of how they pay their way in the world and how they grow. if you look at the uk, a million jobs in the private sector over the last couple of years and we'll go on making reforms to our tax system to make this the competitive place to come and do business. >> meanwhile britain's largest businesses are adopting more defensive strategies. this is one of the latest findings of the deloitte cfo service. they were asked what their views are on the current operating environment. joining us with more, chief economist at deloitte. good to see you. i suppose we had a record second quarter of declines. >> confidence went through the floor back in june on the result of what's going on in the euro area. you've seen a bit of a bounce. ri
welfare system to make sure this country continues to live within its means and at the same time has a tax system that attracts international businesses to britain p. and one of the encouraging stories is 20 of the largest companies are moving some of their head quarters to the uk. >> but low yields aren't giving us growth. >> all western countries are facing the issue of how they pay their way in the world and how they grow. if you look at the uk, a million jobs in the private...
277
277
Oct 4, 2012
10/12
by
CNBC
tv
eye 277
favorite 0
quote 0
will need to pay more in taxes. that would be economic patri patriotism. it was a good day on wall treat. the dow jones still up 80 points today. finishing at 13575. and the s&p 500 tonight finishing at 1461 on the standard and poors at 500. thank you to larry fink. i'll see you tomorrow on the closing bell. have a great night. see you tomorrow. >> a
will need to pay more in taxes. that would be economic patri patriotism. it was a good day on wall treat. the dow jones still up 80 points today. finishing at 13575. and the s&p 500 tonight finishing at 1461 on the standard and poors at 500. thank you to larry fink. i'll see you tomorrow on the closing bell. have a great night. see you tomorrow. >> a
71
71
Oct 4, 2012
10/12
by
CNBC
tv
eye 71
favorite 0
quote 0
taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who are small businesses. donned trumps is a small business. i know donald trump doesn't like to think of himself as small anything, but that's how you define small business, if you are getting business income. >> that's the right sound bite. after that sound bite, obama then attacked jet owners saying if you have a private jet you should be taxed more. even romney, he's pretty wealthy himself, he refused to come to the support of the wealthy. skip that sound bite i guess. of course, no one should feel sorry for the rich. let's save our tears for poor big bird. but the debate showed both sides are really trying to distance them
taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who are small businesses. donned trumps is a small business. i know donald trump doesn't like to think of...
234
234
tv
eye 234
favorite 0
quote 0
at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small bi businesses 18 times. what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. but i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to boot. and the reason this is important is because by doing that, we cannot only reduce the deficit, we cannot only encourage job growth through small businesses, but we're able to make the investments that are necessary in education, or in energy. and we do have a difference, though, when it comes to definitions of small business. under my plan, 97% of small businesses would not see their income taxes go up. governor romney says, well, the top 3%, they're the job creators, they'd be burdened. but under governor romney's definition, there are millionaires and billionaires who are small business. do
at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small bi businesses 18 times. what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. but i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to...
264
264
tv
eye 264
favorite 0
quote 0
so what i do is i bring down the tax rates. >> governor romney's proposal calls for a $5 trillion tax cut. the average middle class family with children would pay about $2,000 more. it is not possible to come up with enough deductions and loopholes that only affect individuals to avoid either raising the deficit or burdening the middle class. it's math. >> reporter: on medicare and social security,one agreement. >> neither the president nor are are i are proposing any changes. >> aarp has said that your plan would weaken medicare, substantially. >> romney fired back a a major debate moment that the president weakened the economy by his focus on health care. >> i don't know how the president could have come into office facing rising unploimt and spending energy and passion fighting for obama care. >> we did work on this alongside working on jobs. this is part of making sure that middle class families are secure in this country. >> a substantial debate. no zingers. i'm steve handles, nbc news, denver. >> as mentioned, we heard a t lo of promises from both candidates. did any resonate wi
so what i do is i bring down the tax rates. >> governor romney's proposal calls for a $5 trillion tax cut. the average middle class family with children would pay about $2,000 more. it is not possible to come up with enough deductions and loopholes that only affect individuals to avoid either raising the deficit or burdening the middle class. it's math. >> reporter: on medicare and social security,one agreement. >> neither the president nor are are i are proposing any changes....
50
50
Oct 4, 2012
10/12
by
CNBC
tv
eye 50
favorite 0
quote 0
a tax reform only happens if romney wins. mlp's are at greater risk if you have an all republican washington. the one thing that the republicans on the right care about is lower rates and a broader base. >> thank you for your time. up next a food stock that has been serving up products. what new projects the company has cooking. >>> we have gotten a story you can sink your teeth into. i didn't write that. well, you know, it is already out there. the company has reports 7 straight upside earning surprises. joining us is the ceo. i understand that you are about to report your earnings shortly. so you are in a quiet period. what can you tell us. >> business is good. consumption numbers are up double digit. eating healthy and i've said it on the show before is not a fad or a trend. we have prop coming up. 98% of hain's products are free. we introduced a how much or bpo food. you squirt it off into the bowl for kids. there is so much out there today. i just saw numbers where more an more consumers are eating at home. business is s
a tax reform only happens if romney wins. mlp's are at greater risk if you have an all republican washington. the one thing that the republicans on the right care about is lower rates and a broader base. >> thank you for your time. up next a food stock that has been serving up products. what new projects the company has cooking. >>> we have gotten a story you can sink your teeth into. i didn't write that. well, you know, it is already out there. the company has reports 7 straight...
71
71
Oct 4, 2012
10/12
by
MSNBC
tv
eye 71
favorite 0
quote 0
i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's nor the very rich. he wants to lower the top rate from 35% to 28% for the richest people in the country. he wants to take the corp rate rate from 35% to 25%. >> clearly at that stage mr. obama should have turned to him and said you are not telling the american people the truth. just as he did today in denver when he said he wasn't telling the truth. he should have looked him in the eye and said mitt romney, you are not telling the american people the truth. and then proceed to walk through as clinton would have done the mathematics to prove it. i don't think romney would have been smart enough to figure out how to get out of that hit, but obama ignored that opportunity and i think that's a mistake. joan, you're correct. he will everywhere he goes, he will save the day and correct what he didn't do last night, but 58 million people will not be able to be cont
i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's nor the very rich. he wants to lower the top rate from 35% to 28% for the richest people in the country. he wants to take the corp rate rate from 35% to 25%. >> clearly at that stage mr. obama should have turned to him and said you are not telling the american...
244
244
Oct 8, 2012
10/12
by
CNBC
tv
eye 244
favorite 0
quote 0
>> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as investors view asset investments on an after-tax basis. they make those particular investments more attractive, and we saw this with respect to to t cool stocks. >> the average small business has 2.5 employees, the average is over 5. small businesses get a boom in that. >> i don't disagree with what you're saying but i focus on the tax policy. >> they'll go sky high if romney loses and skier higher because of obama care. >> that said, just to repeat, i disagree. >> all detriments to growth. >> detrim
>> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal...
172
172
Oct 8, 2012
10/12
by
WBAL
tv
eye 172
favorite 0
quote 0
it is the bottle tax. the liquor tax. 9%. now they want to do this. when is it going to stop? >> supporters disagree. a decade ago, d.c. change its practice. small retailers who sold beer and wine currently maintain their licenses. another poll by the center for alcohol policy fined 70% of those surveyed said state regulations are needed because out called is different from other consumer goods. 79% said alcohol is not just like a toilet paper or tinfoil. small-business owners are concerned that national chains will take over. >> that money, follow the money. big business. >> the mayland -- the maryland retailers association declined to comment. the national chain stores are offering a so-called sweeteners. they will push for changes in the law to allow beer and wine shops to ship their products to consumers. >> maryland jobs and schools commissioned an economist to study the economic impact of expanded gambling. if questions 7 wynns, maryland wins. >> the goal here is to maximize economic impact. by maximizing the economic impact, the state benefits from fiscal and tax -- imp
it is the bottle tax. the liquor tax. 9%. now they want to do this. when is it going to stop? >> supporters disagree. a decade ago, d.c. change its practice. small retailers who sold beer and wine currently maintain their licenses. another poll by the center for alcohol policy fined 70% of those surveyed said state regulations are needed because out called is different from other consumer goods. 79% said alcohol is not just like a toilet paper or tinfoil. small-business owners are...